Jul 05, 2011
2:5
For every 5 shares held, investors received 2.
The split itself did not change the total investment value.
Inter Globe Finance Ltd (BSE:INTRGLB) operates in the Finance/Rental/Leasing industry.
Inter Globe Finance Ltd company overviewInter Globe Finance Ltd's most recent stock split was on July 5, 2011. It was a 2-for-5 reverse split, so shareholders received 2 shares for every 5 they held.
Inter Globe Finance Ltd has split its stock once. This history records one reverse split, on July 5, 2011.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Inter Globe Finance Ltd's 2-for-5 reverse split on July 5, 2011, every 5 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Inter Globe Finance Ltd has not announced a new split in our records. Its most recent split was on July 5, 2011, 15 years ago. Companies announce splits in advance, and any new BSE:INTRGLB split will appear on this page.
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